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Petrobras Extends Helix Well Intervention Vessel

Sep 19, 2022

Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil…

TotalEnergies Reaches FID for Fenix Gas Project Off Argentina

Sep 19, 2022

French supermajor TotalEnergies has approved the final investment decision (FID) for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.Through its Total Austral affiliate, TotalEnergies operates the project with a 37…

Inside the Baker Hughes Subsea Production Strategy

Sep 19, 2022

With volatile markets and increasing speed of technological changes – led by digitalization and decarbonization – Richard Ward discusses subsea production trends, opportunities and challenges.Richard, to start can you give a brief career bio with an overview of your current responsibilities…

Digitalization: Schlumberger Launches Digital Platform Partner Program

Sep 19, 2022

Program encourages independent software vendors to build, market, and sell solutions and apps through Schlumberger digital platform.Schlumberger launched its Digital Platform Partner Program, designed allow independent software vendors (ISV)…

Will the Future be Walls or Bridges? Equinor Releases "Energy Perpectives 2022"

Sep 19, 2022

Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…

H₂ Hype or Practical Reality?

Sep 19, 2022

In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity…

Oil Drops 1.5% on Strong Dollar, Demand Projections

Sep 19, 2022

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply worries limited the decline.Central banks around the world…

PaxOcean to Convert PSV to Cable Layer for Triasmitra

Sep 16, 2022

PaxOcean said its Nanindah Mutiara Shipyard in Indonesia has secured a contract to convert a platform supply vessel (PSV) into a submarine cable laying vessel (CLV) for telecoms company PT Ketrosden Triasmitra.The PSV is the Norwegian-built Skandi Sotra…

Petrobras' CEO Diagnosed with Cancer -Local Media

Sep 16, 2022

Brazilian oil company Petrobras' Chief Executive Caio Paes de Andrade has been diagnosed with cancer, local media reported.The executive has started treatment to fight a head and neck carcinoma, according to the reports, citing a Petrobras internal statement…

Ranhill Worley to Deliver FEED Services for PTTEP's Offshore Gas Project in Malaysia

Sep 16, 2022

Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…

Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

Allseas Founder Edward Heerema Hands Over The Reins to Son Pieter

Sep 16, 2022

Edward Heerema, founder and president of the offshore installation services firm Allseas, has decided to step aside after nearly forty years at the helm. His eldest son Pieter will assume the role of president of the Allseas Group. According to Allseas…

CNOOC Hires Stena Drillship for Two Gabon Offshore Wells

Sep 16, 2022

Offshore drilling firm Stena Drilling has secured a drilling contract with China's CNOOC for its drillship Stena IceMax in Gabon.The contract is with CNOOC's subsidiary CNOOC Africa Holding Ltd. (CNOOC).According to Stena Drilling, the two-well program is scheduled for Q1 2023…

Airbus Sees Helicopter Lift-off on Energy Crisis, Military spend

Sep 16, 2022

Airbus Helicopters expects new orders and deliveries to keep growing this year, its chief executive told Reuters, as a scramble for new energy supplies and higher military spending accelerate a recovery in the long-sluggish rotary-wing sector…

US Climate Envoy Kerry Cautions Against Long-term Gas Projects in Africa

Sep 16, 2022

U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power their development with clean energy.'We are not saying no gas…

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